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Hero to merge investment arm with self, invest Rs.2,575 crore
New Delhi, June 4 (IANS) Hero MotoCorp, the world's largest two-wheeler maker, Monday said it would merge with itself Hero Investments, the investment arm of the parent firm, and set up two more plants in Gujarat and Rajasthan under an investment plan Rs.2,575 crore. The automaker said a proposal to merge the investment arm of its parent had been approved and private equity fund Bain Capital and

Thackeray slams Pawar for criticising Congress
Shiv Sena chief Bal Thackeray Monday slammed Union Agriculture Minister Sharad Pawar for his recent criticism of the Maharashtra government.

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IGL gets boost from favourable HC ruling

A Delhi High Court order on Friday, stating that the Petroleum and Natural Gas Regulatory Board (PNGRB) does not have the power to fix gas rates, gave a big relief to city gas distribution company

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Return excess auction amount: SC

IF auction of property to recover public dues fetches more than the amount payable, the balance should be paid to the owner. Failure to do so will make the entire auction sale illegal. All

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The Zoroastrian Co-Operative Bank Ltd Now in Gujarat
The Zoroastrian Co-operative Bank Limited has now achieved the status of a Multi State Scheduled Urban Co-operative Bank and has been authorized by the Statutory Authorities to acquire the Surat based “City Co-operative Bank Limited” and is set to now commence normal banking operations through its Regional Office located at Belgium Chambers, Ring Road, Delhi Gate, Surat. In addition to Zoroastrian Co operative bank’s present network of twelve branches in Mumbai and Pune, Zoroastrian Bank will now add a further six branches in Surat, conveniently located at Ring Road, Textile Market, Udhna Magdalla, Citylight, Rander and Ved-Katargam. As a result, the network of Zoroastrian Bank will now comprise of eighteen branches.

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Maruti Suzuki signs SSA with Gujarat govt
Car market leader Maruti Suzuki India Limited on Saturday signed State Support Agreement (SSA) with the government of Gujarat for purchase of land near Mehsana to set up an all new manufacturing facility.

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